Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

3106-3110 Washington Street

Jamaica Plain - Boston, MA ID #73218226

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3106-3110 Washington Street

Jamaica Plain - Boston, MA ID #73218226

Property Description

Fantastic investment or development opportunity in the heart of Egleston Square. This freestanding mixed use 4 unit property is fully leased and features two commercial storefronts on the first floor, as well as two nicely renovated 4 bedroom/1 bath units on the second + third floors. Current net income eclipses $104K annually and is projected to increase by 10% for the 2024-2025 rental season. The commercial units are occupied by a barber shop and a mobile phone store and are on leases ending August 2024 + December 2026 w/5 year option respectively. The residential units feature dark stained hardwood floors, crown moldings, spacious kitchens w/stainless appliances + granite counters, tile baths, central A/C, in-unit laundry + rear decks. They are both on lease to 8/31/24. For developers, the property is located in the desirable Neighborhood Shopping (NS) zoning district which allows for a host of different uses and buildings as high as 45' with an FAR of 2.0. Pro-Forma upon request.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 4 Family
  • Area: Jamaica Plain
  • Zip Code: 02119
  • Taxes: 10,323
  • Living Levels: 7
  • Acres: 0.08
  • Selling Broker Compensation: 2.25
  • Buying Broker Compensation: 2.25

Rooms/Dimensions

  • Total Units: 4
  • Total Floors: 7
  • Total Rooms: 14

Location

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of The Residential Group of William Raveis R.E. & Home Services. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.